United-Guardian (NASDAQ:UG) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of United-Guardian (NASDAQ:UG) in a research note published on Sunday. The brokerage issued a buy rating on the stock.

United-Guardian Trading Up 5.1 %

UG opened at $10.88 on Friday. The stock has a market capitalization of $49.94 million, a P/E ratio of 14.32 and a beta of 0.76. The stock has a 50-day moving average price of $10.32 and a 200-day moving average price of $11.87. United-Guardian has a 12-month low of $7.02 and a 12-month high of $16.25.

United-Guardian Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, February 10th. This represents a $1.40 annualized dividend and a yield of 12.87%. United-Guardian’s payout ratio is 92.11%.

Hedge Funds Weigh In On United-Guardian

Institutional investors and hedge funds have recently bought and sold shares of the stock. Northern Trust Corp raised its holdings in United-Guardian by 69.5% during the 4th quarter. Northern Trust Corp now owns 25,527 shares of the company’s stock valued at $244,000 after buying an additional 10,466 shares during the last quarter. United Capital Financial Advisors LLC bought a new position in shares of United-Guardian during the fourth quarter valued at about $192,000. Renaissance Technologies LLC boosted its holdings in shares of United-Guardian by 4.3% during the fourth quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock worth $1,818,000 after purchasing an additional 7,800 shares during the period. Geode Capital Management LLC grew its stake in shares of United-Guardian by 10.3% in the fourth quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock worth $302,000 after purchasing an additional 2,929 shares during the last quarter. Finally, Heron Bay Capital Management purchased a new position in United-Guardian during the 4th quarter valued at about $135,000. 23.16% of the stock is currently owned by institutional investors.

About United-Guardian

United-Guardian, Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and proprietary specialty industrial products in the United States and internationally The company offers cosmetic ingredients, including LUBRAJEL, a line of water-based gel formulation for sensory enhancement, lubrication, and texture to personal care products; LUBRAJEL NATURAL for skin moisturizing; LUBRAJEL MARINE that develops natural products using naturally derived polymers; LUBRAJEL OlL NATURAL, which makes luxuriant textures without adding viscosity; LUBRAJEL TERRA, a multifunctional, moisturizing hydrogel products; LUBRASIL II SB, a formulation of LUBRAJEL; LUBRAJEL II XD; B-122, a powdered lubricant used in the manufacture of pressed powders, eyeliners, rouges, and industrial products; and ORCHID COMPLEX, an oil-soluble base for extract of fresh orchids used in fragrance products, such as perfumes and toiletries.